Accounting for Imported Goods and Payment of Duties Regulations

7.1 Notwithstanding sections 5 and 5.1 and subject to sections 7, 7.2 and 7.3, goods imported by courier may be released under subsection 32(4) of the Act prior to the accounting required under subsection 32(1) of the Act and prior to the payment of the duties required under subsection 32(5) of the Act on condition that

• (a) the goods

  • (i) have an estimated value for duty of less than $1,600,

  • (ii) are not prohibited, controlled or regulated by an Act of Parliament that prohibits, controls or regulates the importation of goods or a regulation made pursuant to such an Act, and

  • (iii) are released at a customs office specified by the Commissioner; and

• (b) the courier is a bonded carrier.